Edmonds has been recognized as one of the most fiscally healthy cities in the state, according to a new financial report. In a survey of 150 cities in Washington state, Edmonds ranked 22nd, with one of the highest average credit scores for its residents. Edmonds was also the top ranked city in Snohomish County.
“Edmonds residents should be proud of this recognition as it showcases their ability to wisely manage their finances,” said City of Edmonds Mayor Dave Earling.
Experian’s licensed dataset, LendEDU, an online marketplace for student loan refinancing and other financial products, was able to analyze the average credit score of each town and city in Washington with a population above 5,000. Edmonds came in at No. 22, with an average credit score of 741, meaning it is seen as having some of the most fiscally secure and responsible citizens. Mercer Island was ranked No. 1, with an average score of 766.
The full report and methodology, including a map and table of the statewide results, can be found here: https://lendedu.com/blog/best-credit-scores-washington/